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Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data Total machine-hours Total fixed manufacturing overhead cost $352,000 Variable manufacturing overhead per machine-hour 32,000 Recently, Job T687 was completed with the following characteristics: Number of units in the job Total machine-hours Direct materials $ 675 Direct labor cost $1,350 10 40 The amount of overhead applied to Job T687 is closest to: (Round your Intermediate calculations to 2 decimal places.) Multiple Choice S112.00 $663.40 S560.00 S352.00
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